Best and worst altcoin of the past three months

In terms of price, Bitcoin had a fairly uneventful second quarter of the year (beginning of March versus end of June), but what happens when we look at the broader altcoin market?

Which were the best and worst altcoin of the past 90 days. What should you have invested in? We did the calculation and here is the result.

Best – Bitcoin Cash – 114% higher

After the new crypto platform EDX Markets (backed by three financial giants from Wall Street) announced in mid-June that it would only offer four digital currencies for trading, namely Bitcoin, Ethereum, Litecoin and Bitcoin Cash, the latter in particular surged higher.

A few days later it turned out that it was mainly interest from Asia that pushed Bitcoin Cash higher.

The best: https://t.co/96kLYjAZgL

— Kim Dotcom (@KimDotcom) July 8, 2023

At the beginning of July, Bitcoin Cash re-entered CoinMarketCap’s top 10 after a long absence and by now, the coin is up some 114% in the past 90 days. The clear winner among the biggest altcoins.

Kim Dotcom, internet legend and former founder of Megaupload, is one of the coin’s biggest fans.

Worst – Apecoin – 53% lower

It’s been a while since we mentioned this one again, but as Apecoin is the clear loser of the past three months, we are obliged to do so.

The coin dropped 53% in the past three months, which shows once again that the market for NFTs, Apecoin was built around the interest in the NFTs of the Boring Ape Yacht Club, has cooled down considerably in 2023.

Vitalik Buterin, founder of Ethereum, warned against this coin in March 2022 already, after it rose 1,100% in just a few weeks and was gaining traction in the MSM (mainstream media).

In 2023, things are clearly going in the other direction.

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